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Seeking Volunteers for November Presidential Election

As the November 8th Presidential Election approaches, REALTORS and Affiliates (and other registered voters) are invited to serve as Officers of Election to ensure smooth election operations throughout Virginia's voting precincts. Because voter turnout is projected to be high in this Presidential Election year, many localities have already expressed the need for additional poll workers. For example, Roanoke City needs 50 more.

Officers of Election are stationed in polling places on Election Day and have two primary jobs -- to help citizens vote and to make sure all votes are properly counted. Officers of Election are paid both for attending the required training before the election and for working on Election Day. (Payment varies from locality to locality.) Officers of Election must be registered voters in Virginia -- but may volunteer to work at any voting precinct in Virginia.

If you are interested in volunteering, please complete this online sign-up form.

 
Openings on 2017 RVAR BOD

RVAR's Board of Directors has announced the following leadership openings for 2017: President-elect, Vice President and 4 Director positions. Based on Bylaws revisions approved at the July 14th Membership Meeting, the process for applying for a Director or Officer position has been streamlined.

The deadline for candidate applications is Monday, October 3rd. If you are interested -- or have questions about the requirements of serving on the Board of Directors -- click here for a description of the duties for each position on the Board, as well as instructions to apply. 

 
FHA Condo Relief Bill Signed by President

President Obama has signed the "Housing Opportunity Through Modernization Act" into law. The National Association of REALTORS® called this long-sought victory a "significant step" toward eliminating barriers to safe, affordable mortgage credit for condos.

This bill was approved unanimously first by the US House in February and then by the Senate in July. NAR has long been an advocate of this bill, testifying before Congress and lobbying for its passage.

This new law includes reforms to current Federal Housing Administration (FHA) restrictions on condominium financing, including lowering FHA's current owner-occupancy requirement from 50% to 35%. The law will also make FHA's recertification process "substantially less burdensome."

NAR President Tom Salomone praised the legislation. "Condomiumiums often represent an affordable option that's just right for first-time and low-to-moderate income home buyers. Overly burdensome restrictions on condo financing have for too long put that option out of reach for many creditworthy borrowers. This legislation puts the dream of home ownership back in reach for more Americans."

Special thanks to Virginia's Senators and Representatives for their support of this important legislation.

 

 

 
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